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Artificial Intelligence and Project Management: The First Step

The IIL Blog

In the construction industry, for example, companies are combining drone technology with AI by using drones to monitor and capture information from sites and then using deep learning to correctly identify people, machinery, and materials. Gartner, “ How AI will reinvent Program or Portfolio Management ”, 2018. Innovation.”

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People Innovation: A New Vision to Innovate

International Institute for Learning

Nowadays, companies are very conscious that if they want to be competitive, they have to innovate. It is worth quoting a sentence of the father of the Open Innovation concept, Henry Chesbrough: “Most innovation fails. And companies that don’t innovate die” [1]. And companies that don’t innovate die” [1].

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Reduce the Risk – Share the Success

International Institute for Learning

It includes planning for risk, assessing (identifying and analyzing) risk issues, developing risk handling strategies, and monitoring risks to determine how they have changed (Ref. [1]). Risk management includes several actions involving risk: planning, assessment (identification and analysis), handling, and monitoring (Ref. [1]).

Risk 59
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6 Current Trends in Project Management [2024]: What to Prepare for?

Epicflow Blog

2] New Competencies: Soft and Digital Skills The latest trends in project management require developing specific competencies by PM professionals to be able to effectively implement these innovations in their work. Here are some of the most essential ones. The idea isn’t new but is expected to remain relevant in 2024 and beyond.

2024 52
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The Evolution of Project Management

The IIL Blog

At a PMI® conference I attended later in the 1970s, almost 80% of the papers were presented by engineers or people working for engineering companies. Public Sector Project Manager Selection In most government agencies, PMs were seen more so as project monitors rather than project managers.

Aerospace 147
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5 Best Project Management Certifications and Courses of 2019

nTask

These project managers handle Scrum Masters and Product Owners who, in turn, are tasked to monitor “sprint” marathons within the organization. A lot of organizations, especially in the IT sector, bit the bullet after the second quarter of 2018. The Certified Associate in Project Management is also administered by the PMI.

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Project Management Challenges with Artificial Intelligence

International Institute for Learning

Other applications of AI are expected to included risk reduction practices, improved monitoring and control, status reporting, identification of anomalies, and correlations between projects (Ong and Uddin, 2022). On projects related to R&D, innovation, and new product development, limited information may exist for reliable AI predictions.